Mankind Pharma plans $1 billion IPO, hires bankers - Economic Times

4/27/2022 12:00:00 AM3 yearsago
by Reghu Balakrishnan
by Reghu Balakrishnan
In the proposed offer for sale, existing investors ChrysCapital will sell about 1% stake, Capital International will sell another 6% while the promoter Juneja family will sell 3%. The offer will value the company at about $8-9 billion (₹61,000 crore), said th…
Mankind Pharma, the drug maker known for Manforce Condoms and Prega News, plans to enter the capital market by the end of this year. The Delhi-based pharmaceuticals company has hired JM Morgan, Citi,… [+2805 chars]
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